EBET operates and develops award-winning, groundbreaking and engaging wagering products for bettors around the world. The company is focused on bringing better entertainment and technology solutions to cater to the Millennial and Gen-Z demographics in the wagering space. EBET operates online sportsbook and casino brands Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, GenerationVIP and Gogawi, which have over 1.4 million deposited customers in more than 15 countries. The company recently was awarded Esport Product of the Year at the 2021 SiGMA Europe and the 2022 SiGMA Asia and SiGMA Americas Awards. Its brand Karamba received SBC’s award for Innovation in Casino & Gaming Entertainment and the 2022 SiGMA Americas award for Online Casino of the Year. EBET, Inc. was previously Esports Technologies Inc. The name changed on May 5, 2022, to better reflect the company’s business and mission.
Company profile
Ticker
EBET
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
eSports Technologies, Inc., Esports Technologies, Inc.
SEC CIK
Corporate docs
Subsidiaries
Global Esports Entertainment Group, LLC • Esports Tech Holdings LLC • Esportsbook Technologies Ltd. • ESEG Ltd. • Gogawi Entertainment Group • Esports Product Technologies Malta Ltd. • Esports Marketing Technologies Ltd. • Karamba Ltd. • Esports Product Trading Malta Limited ...
IRS number
853201309
EBET stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
7 Aug 24
EFFECT
Notice of effectiveness
7 Aug 24
EFFECT
Notice of effectiveness
7 Aug 24
EFFECT
Notice of effectiveness
7 Aug 24
8-K
Completion of Acquisition or Disposition of Assets
1 Aug 24
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Aug 24
S-8 POS
Registration of securities for employees (post-effective amendment)
1 Aug 24
POS AM
Prospectus update (post-effective amendment)
1 Aug 24
POS AM
Prospectus update (post-effective amendment)
1 Aug 24
POS AM
Prospectus update (post-effective amendment)
1 Aug 24
Transcripts
Latest ownership filings
SC 13G
CP BF Lending, LLC
14 Feb 24
SC 13G/A
CVI Investments, Inc.
14 Feb 24
4
Aaron Speach
3 Jan 24
4
Matthew Lourie
13 Mar 23
4
Aaron Speach
23 Feb 23
3
Initial statement of insider ownership
15 Feb 23
SC 13G
CP BF Lending, LLC
14 Feb 23
4
Christopher Downs
10 Feb 23
4
Matthew Lourie
10 Feb 23
4
Dennis Neilander
10 Feb 23
Financial summary
| Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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| Diluted EPS |
| Annual (USD) | Sep 23 | Sep 22 | Sep 21 | |
|---|---|---|---|---|
| Revenue | ||||
| Cost of revenue | ||||
| Operating income | ||||
| Operating margin | ||||
| Net income | ||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 632.98 k | 632.98 k | 632.98 k | 632.98 k | 632.98 k | 632.98 k |
| Cash burn (monthly) | (no burn) | 236.34 k | 1.68 mm | 6.79 mm | 1.14 mm | 571.75 k |
| Cash used (since last report) | n/a | 1.24 mm | 8.84 mm | 35.70 mm | 5.99 mm | 3.00 mm |
| Cash remaining | n/a | -608.86 k | -8.20 mm | -35.07 mm | -5.35 mm | -2.37 mm |
| Runway (months of cash) | n/a | -2.6 | -4.9 | -5.2 | -4.7 | -4.1 |
Institutional ownership, Q4 2023
13.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1 |
| Opened positions | 0 |
| Closed positions | 26 |
| Increased positions | 0 |
| Reduced positions | 0 |
| 13F shares | Current |
|---|---|
| Total value | 1.82 mm |
| Total shares | 1.96 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| CVI Investments | 1.96 mm | $1.82 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 29 Dec 23 | Aaron Speach | Common Stock | Sell | Dispose S | No | No | 0.01 | 6,667 | 66.67 | 18,955 |
| 1 Oct 23 | Aaron Speach | Common Stock | Option exercise | Acquire M | No | No | 0 | 834 | 0.00 | 25,622 |
| 1 Oct 23 | Aaron Speach | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 834 | 0.00 | 1,667 |
| 9 Mar 23 | Matthew Lourie | Common Stock | Option exercise | Acquire M | No | No | 0 | 7,500 | 0.00 | 45,000 |
| 9 Mar 23 | Matthew Lourie | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 7,500 | 0.00 | 57,250 |